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A friend plans to buy a big-screen tventertainment system

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A friend plans to buy a big-screen TV/entertainment system and can afford to set aside $1,320 toward the purchase today. If your friend can earn 5.0%, how much can your friend spend in four years on the purchase? Round off to the nearest $1.

a. $1,444

b. $1,604

c. $1,764

d. $1,283

Reference no: EM13459931

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